Gold has never sold or bought so dearly. Price of gold has simply jumped by almost 12%.

This is unheard of. As a result, gold, more than ever, is a safe haven. More and more individuals are selling their jewelry, but also investing to secure their savings. Gold bars are pictured at the factory of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. (illustrative photo) © Denis Balibouse / Reuters.